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hello gym owners Matthew Becker here from gym lawyers pllc now in this video we wanted to answer the question of do I really need an asset purchase agreement let me give you a little bit of background so youre a gym owner and you decide you want to sell your gym or youre looking to get into the gym business you want to buy somebodys gym weve done videos in the past about the difference between a stock purchase and an asset purchase an asset purchase is exactly what it sounds like you as the seller are selling only the assets of your gym were talking equipment the CrossFit name if youre an affiliate okay the other stuff thats located in your gym like the couches and the TVs and the the desks and and everything else youre selling your Facebook accounts and your Instagram accounts and anything at all that could be an asset to your gym thats what youre selling but youre not selling your LLC and thats the important difference between a stock purchase and asset purchase and the s
